Research Firm Says Coinbase 'Overvalued' as Competition Heats Up
On firm says Coinbase investors should be wary, predicting the crypto exchange won't maintain "blowout earnings" in the future.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/W3W6MFDP2FHXVOTX7TLCEZWP7U.jpg)
Sponsored
Aug 11, 2021 at 3:25 a.m. UTC
Aug 11, 2021
Coinbase
:format(webp)/downloads.coindesk.com/arc/failsafe/placeholders/16x9.png)
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, is a widely recognized cryptocurrency exchange that offers a platform for buying, selling, and storing digital currencies. It's known for its strong emphasis on regulatory compliance and security, making it a popular choice among both novice and experienced crypto investors. Coinbase supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and provides additional services like a digital wallet and educational resources for users.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3NUWLEESFFGDZDHGTWQVKU7M7Y.jpg)
PNC Bank Planning Crypto Offering With Coinbase
A source said PNC, the fifth-largest bank in the U.S., plans to offer crypto investment services to clients.
Sponsored
Aug 10, 2021 at 9:39 p.m. UTC
Aug 10, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3GDCAAQOBFGAHDBAYYD7KR4JE4.jpg)
Coinbase Rakes In $1.9B in Transaction Revenue in Q2, Beating Estimates
The largest cryptocurrency exchange in the U.S. warned, however, that its number of monthly transacting users and trading volume would be lower in the third quarter.
Sponsored
Aug 10, 2021 at 8:17 p.m. UTC
Aug 10, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KTOSZNYZQFG7JG6X5BLAB74NS4.jpg)
Coinbase’s Second-Quarter Earnings Report: Here’s What You Need to Know
Investors will be watching to see how much Coinbase has earned on the strong retail trading volumes experienced in Q2.
Sponsored
Aug 10, 2021 at 6:05 p.m. UTC
Aug 10, 2021
Ex-SEC Director Brett Redfearn Leaves Coinbase After 4 Months
The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.
Sponsored
Aug 9, 2021 at 6:35 p.m. UTC
Aug 9, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/D3X6G43PF5EZBF7ZVKWXAR6CEM.jpg)
Tesla's Musk Urges Lawmakers Weighing Infrastructure Bill's Tax Provision Not to Pick Crypto 'Winners or Losers'
The car company's CEO responded via Twitter to a thread by Coinbase CEO Brian Armstrong, who has been critical of the tax provision and a late amendment to it.
Sponsored
Aug 7, 2021 at 1:13 a.m. UTC
Aug 7, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DO7WUX3OWFH3JO3VHCNWFX246A.png)
Market Wrap: Bitcoin Rallies Above $42K as Bull Market Continues
Some analysts are optimistic about the broad crypto rally and see further upside, especially for ether.
Sponsored
Aug 6, 2021 at 8:30 p.m. UTC
Aug 6, 2021
Coinbase Is Expanding Its Payment and Cash-Out Methods
users with any Visa or Mastercard debit card linked in their Apple Wallets will automatically have Apple Pay appear as a payment method when transacting with Coinbase on their...
Sponsored
Aug 5, 2021 at 4:01 p.m. UTC
Aug 5, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LUYJNRB25ZE2FDDI6FX4UIE26Q.jpg)
Coinbase Agrees to Buy Zabo, the 'Plaid of Crypto,' for Undisclosed Sum
The crypto account aggregator emphasized that this is a proper acquisition, not an acqui-hire.
Sponsored
Aug 5, 2021 at 1:37 a.m. UTC
Aug 5, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RMO4U7RFO5AQPASSHQZHJ7GPDQ.jpg)
NYDFS Plans to Collect Diversity Data From Banking and Crypto Institutions
All authorized virtual currency service providers will be required to submit diversity data of their boards and management to the NYDFS.
Sponsored
Jul 30, 2021 at 8:27 p.m. UTC
Jul 30, 2021